METLIFE AUTO & HOME® LAUNCHES SNAPQUOTE® – A DIGITAL INSURANCE MARKETPLACE

METLIFE AUTO & HOME® LAUNCHES SNAPQUOTE® - A DIGITAL INSURANCE MARKETPLACE

Mar 13, 2018

The one-stop approach makes offering the best auto and home coverage fast and easy.

NEW YORK, March 13, 2018

MetLife Auto & Home® today announced the launch of SnapQuote®, a digital insurance marketplace. SnapQuote’s advanced API technology, powered by Bindable™, a Boston-based distribution technology firm, enables the insurance marketplace to integrate directly into existing platforms to give end users a streamlined, seamless experience.

SnapQuote’s highly intuitive algorithms pull data from existing platforms, and with minimal additional information, can pinpoint the best available quotes from MetLife Auto & Home and other high quality home and auto insurance providers based on factors like cost and coverage. This easy-to-use insurance platform provides end users with information at the click of a button and access to licensed agents to ask questions and buy a policy.

“Consumers today expect more choice and transparency than ever,” said Kishore Ponnavolu, president of MetLife Auto & Home. “SnapQuote delivers an omni-channel approach that puts the customer at the center of the experience.”

Along with a digitally-integrated, insurance-choice marketplace and access to a variety of auto and home insurance products, SnapQuote offers customizable benefit solutions to mortgage lenders, banks, credit unions, employers, member associations and insurance brokers.

“We’ve made sure that SnapQuote gives businesses and organizations the ability to grow with an agile platform that seamlessly integrates into existing processes and systems,” said Kevin Chean, vice president, MetLife Auto & Home, “Whether you’re a financial institution, employer or insurance broker, SnapQuote helps you provide the online insurance marketplace your customers or employees want.”

More information about SnapQuote, including requesting a demonstration, visit www.metlife.com/snapquote.

About MetLife Auto & Home

MetLife Auto & Home is one of the nation’s leading personal lines insurance groups, insuring nearly 4 million autos and homes, and is affiliated with MetLife. For more information, visit www.metlife.com.

About MetLife

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ("MetLife"), is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.

About Bindable

Bindable is a full-stack, tech-enabled solutions provider for modern insurance distribution. Through its MyLifeProtected and Policy Crusher™ brands, Bindable offers insurance companies, intermediaries and affinity groups a comprehensive suite of digital products and services designed to further engage their customers or members.  For more information, visit www.bindable.com.